Investors Bite

Bulls Sustain Hold on Nigerian Bourse as Bellwether Stocks Up Indices +1.1%

October 21, 2021/Cordros Report EQUITIES Bullish sentiments persisted in the Nigerian equities market, as investors’ interests in bellwethers – BUACEMENT (+6.1%), MTNN (+1.2%) and AIRTELAFRI (+1.3%) led the All-Share Index to close 1.1% higher at 41,704.11 points. Consequently, Month-to-Date and Year-to-Date gains increased to +3.7% and +3.6%, respectively. The total […]

PepsiCo Announces Early Tender Results and Increase of Maximum Tender Amount for Cash Tender Offers for Certain Outstanding Debt Securities

October 21, 2021/PepsiCo /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced that early results and information regarding the increase of the maximum tender amount for cash tender offers for certain outstanding debt securities are available at www.pepsico.com in the “Investors” section under “Cash Tender Offers.” This information will also be filed with the […]

Fidelity Bank Proposes $500 Million Unsecured Notes

October 20, 2021/NGX Fidelity Bank Plc (the “Bank”) is considering raising capital from the international debt capital market through an unsecured notes issuance, proceeds of which are intended to be used for general corporate purposes including supporting its trade finance business (the “Transaction”). The proposed aggregate offer size is U.S.$500,000,000 […]